Strategic Pricing Analyst

1 month ago

London, Greater London, United Kingdom Burberry Full time

Job Title: Strategic Pricing Analyst


Introduction:


Burberry is committed to unlocking the power of imagination to push boundaries and open new possibilities for our people, our customers, and our communities.


We aim to provide an environment for creative minds from different backgrounds to thrive, bringing a wide range of skills and experiences to everything we do. As a purposeful, values-driven brand, we are committed to being a force for good in the world, creating the next generation of sustainable luxury for customers.


Job Purpose:


The Pricing Manager will take accountability for Strategic pricing operational activities within Burberry's global Merchandising & Planning organisation, reporting into the Merchandise Planning Operations, Senior Planning Manager.


Key Responsibilities:


You will be accountable for:



  2. Identifying pricing opportunities through analysis of pricing architecture, performance trends, and competitor pricing intelligence.
  3. Monitoring changing global macro-economic factors and making appropriate and reasoned price adjustment recommendations to maintain global pricing consistency and protect group margins.
  4. Seasonal pricing set-up to ensure that global retail and wholesale prices are appropriately derived each season.
  5. Assist the Senior Planning Manager in working with Finance to provide seasonal pricing guidance and global pricing architecture relationships to be incorporated into seasonal and financial plans.
  6. Create price positioning recommendations for new countries by undertaking analysis on relevant taxes and duties as well as local competitor price positioning.
  7. Support the Senior Planning Manager in the formulation of the longer term Global Pricing Strategy.
  8. Review key style pricing and performance with the product merchants incorporating appropriate competitor pricing comparisons and agree seasonal price adjustments as appropriate.

Seasonal Pricing Set-up:


You will oversee the seasonal price bands (core currency pricing relationships) process with merchants and implementation in Flex PLM.


You will oversee the creation of seasonal retail and wholesale factor files for SAP.


You will supervise the build and maintenance of seasonal pricing files.


Business Liaison with Pricing Execution Team:


You will manage quarterly price change requests and approvals, working with the Product, Retail & BI Pricing data team to facilitate a smooth implementation.


You will liaise with BI pricing team on ad-hoc pricing queries, seasonal realignments, emergency price adjustments, and any other price execution requests.


You will actively engage in coaching and mentoring activities, driving personal and professional development across the team.


You will have a strong commercial awareness of a retail business.


You will have demonstrated experience managing a team in a fast-paced commercial, luxury environment.


You will be creative, innovative, and customer-oriented when faced with business challenges.


You will have experience with SAP, which would be advantageous.


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